I’ve got some exciting news about our project where we’re looking at Boston’s economic data from 2013 to 2019. I just finished the first part of our work, that is Descriptive Statistics. This helps us get a good starting idea of things like jobs, house prices, and how busy airports and hotels were in Boston.
I have attached a snippet of the Python code which I used.
As the output is very large, I have attached the document containing the output.
Descriptive_StatisticsHere’s some of what I found out: On average, about 3,940 international flights came in and out of Logan Airport every month. This number even went up to 5,260 flights in busy times. This tells us that lots of people were coming to Boston from other countries. The hotels were pretty busy too, with about 82% of rooms filled on average, and the price for a night’s stay was around $244.
When we look at jobs, it seems like there were usually about 356,000 jobs available in Boston. But the number of people without jobs (the unemployment rate) was around 4%. This changes a bit over time, so it’s something we might want to look into more. Also, houses in Boston could be quite pricey. Sometimes the average house price was as high as $517,750.
This is just the start, and there’s a lot more to find out. I’m going to keep looking at the data to see what else we can learn about how Boston’s economy was doing.